KNL Chart, page-8

This is just my opinion but I don't think that gap will be filled. I would be surprised if the share price went under 19c tomorrow as I reckon tomorrow will be a green day.

It looks like there is someone in the know about some kind of upcoming announcement. They appear to be accumulating until the announcement comes out. They are also making the share price stay in this range as stalling tactics. There is support at the 19.5c - 20c so the smart money probably won't be able to get their shares cheaper that that.

The main reason why  I think tomorrow will be a green day is because they pushed the share price down today in order to accumulate. As you can see before closing auction the price was 20.5c and then the day finished at 20c. The day also ended with 1 share traded which means they are keen to get their hands on more shares at these low prices tomorrow morning



They probably will be capping the share price until an event such as announcement (eg. drilling results) happens.


Because of this one share traded I think tomorrow may start low but will be a green candle and end in the green.